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Pages:
1 page/≈275 words
Sources:
Check Instructions
Style:
APA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Economics: The Great Depression

Essay Instructions:

Locate an article written within the past year from one of the following sources (Harvard Business Review, Forbes, The Financial Times, The Economist, Bloomberg Businessweek, or the World Street Journal) that discusses an aspect of an applied macroeconomic theory being covered throughout the specific week (e.g., Week 3 -> Macroeconomic Perspectives (GDP), Week 5 -> Aggregate Demand/Aggregate Supply/Aggregate Equilibrium, etc.). Note, please utilize the GMC Library Services to supplement your article search process at http://gmcga(dot)libguides(dot)com/az.php?a=all.
Due 09/06/2020
For this Week 5 Journal Assessment, your applied theory concepts that can be used in the article search include the following below.
Aggregate Demand
Aggregate Supply
Aggregate Equilibrium
Keynesian Theory
Consumer Spending
Tax Reform/Policy
The Journal Assessment will include a detailed summary of the article, your reaction to the article, your answers to the below questions, and a complete citation of the source (or sources if you choose to use additional sources to back up your point of view with factual evidence).
Describe the applied macroeconomic theory the article refers to.
What is the author's main point?
Who is affected by the situation described in the article, and how?
How is the information in the article relevant to you and concepts being covered in this course?
Do you agree with the author's opinion or with the actions described in the article? Why or why not?
Your Journal Assessment is to be a minimum of 1 complete page in length. Going over the minimum page length requirement is acceptable; however, I am not looking for a 3+ page article summary.
Be as thorough as possible when writing your Journal Assessment, and remember, this is an academic assignment, so no “text-talk,” no conversational tone, and ABOVE ALL OTHER THINGS… don't plagiarize!! Lastly, spell-check and proofread your work! Failure to follow these steps will negatively impact your grade.
For this course, you will submit the graded activity using Turnitin. An Originality Report will become available within a few minutes after your first submission. Inside the Originality Report will be a Similarity Index. The Similarity Index shows a percentage of the material in your paper which matches other sources found by Turnitin. You will be expected to have a Similarity Index of less than 20%. If your Similarity Index is greater than 20% you will need to review your Originality Report to be sure that you have paraphrased your work appropriately, and cited your sources correctly.
The Originality Report will help you to avoid plagiarism and improve the quality and content of your essay. It is strongly suggested that you keep direct quotations to a minimum, and never copy and paste text without proper citations. You have until the activity due date to resubmit your work, however, there will be a 24-hour delay before the Originality Report becomes available. It is your responsibility to submit your activity on time, with a Similarity Index of less than 20%.
General APA Formatting Guidelines:
The Journal Assessment should have an APA title page and an APA reference page. An APA abstract page is NOT required!
Font Type: Times New Roman
Font Size: 12 point
Margins: 1 inch on all sides
Spacing: Double-spacing
Alignment: Left
Paragraph Indentation: Use the Tab key to indent all paragraphs one half-inch from the left margin

Essay Sample Content Preview:

See Instructions
Name
Institution
The article review is from Forbes and is titled ‘Great Depression Economics 101.’ The article is dated April 5, 2020, and the author’s main points are regarding unemployment levels during the COVID-19 pandemic. The journal points out that unemployment rates increased drastically between February and March in the United States (Shefrin, 2020). Moreover, the article explains the cause of economic depression due to the pandemic. Furthermore, the journal explains the macroeconomic concepts in a precise and logical manner. There are sufficient details on fundamental theories to support these ideas. The article refers to an aggregate supply as applied in macroeconomics theory. Hersh Shefrin argues that a negative aggregate labor supply caused great depression due to the pandemic.
Negative aggregate labor supply leads to a reduction in employment, leading to a consequent decrease in output and incomes. The entire economy ...
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